Senior Analyst, Compliance & Economic Development - Tax Focus

Senior Analyst, Compliance & Economic Development - Tax Focus

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The Magna Government Affairs Department is committed to identifying and maximizing economic incentives to support Magna’s business objectives. As a Senior Compliance & Economic Development Analyst – Tax Focus, you will play a strategic role in managing and optimizing economic incentive programs, ensuring compliance, and implementing tax‑saving initiatives. You will work closely with the Executive Director, Government Affairs, the Magna Government Affairs Compliance team, and internal stakeholders across Magna’s corporate functions, groups, and divisions.

This role requires expertise in tax policy, financial analysis, and regulatory compliance to drive positive economic development outcomes.

The Senior Analyst will be responsible for collaborating across Magna’s global operations to ensure accurate reporting, regulatory compliance, and the effective execution of economic incentive programs. This role also involves evaluating property valuations, identifying tax savings opportunities, and ensuring adherence to Magna’s government contracts and incentive agreements.

• Manage and ensure compliance with economic incentive agreements, tax credit programs, and contractual obligations.
• Review property valuations and assessments to identify property tax savings opportunities, and develop and execute strategies to optimize savings.
• Serve as a liaison with government agencies, tax authorities, and external partners to address tax‑related issues and ensure compliance with evolving regulations.
• Research, analyze, and interpret financial and tax data to support strategic decision‑making and risk mitigation.
• Enhance reporting processes to improve transparency and accountability; maintain accurate records within Magna’s Government Affairs CRM database.
• Work closely with internal teams, including finance, legal, HR, and corporate compliance, to align economic incentive projects with business objectives.
• Monitor and ensure unclaimed property claims are accurately documented, reviewed, and reported in accordance with applicable laws; identify and recover unclaimed funds owed to Magna.
• Provide subject matter expertise and guidance on tax policies, compliance with best practices, and regulatory changes.
• Oversee project budgets, prepare summaries of tax savings opportunities, and provide leadership in executing compliance‑related initiatives.
• Support additional projects and tasks as required by the Government Affairs team.

• Minimum 3+ years of experience in state and local tax compliance, economic incentives, regulatory affairs, or corporate finance.
• Strong knowledge of tax credits, property tax assessment processes, and compliance requirements.
• Analytical and problem‑solving skills to analyze complex data and develop actionable strategies.
• Proven ability to establish and maintain professional relationships with government agencies, industry groups, and internal stakeholders.
• Experience managing incentive programs, financial reporting, and tax‑related projects.

• Required:
  
  Bachelor’s degree in finance, economics, business administration, public policy, or a related field.
• Preferred:
  Advanced degree (MBA, JD, or master’s in taxation), or certification in tax/accounting‑related disciplines.
• Previous experience in a fast‑paced corporate environment with regulatory compliance exposure is strongly preferred.

• Strong understanding of government funding sources and economic development incentives.
• Proficiency in Microsoft Excel, Word, and PowerPoint.
• Ability to handle multiple priorities, work independently, and adapt to changing business needs.
• Proactive mindset with excellent judgment and decision‑making skills.

• Normal office environment, requiring regular sitting or standing.
• Occasional travel (approximately 25%) to support incentive negotiations and compliance reviews.

This position offers a unique opportunity to…